Steve Sosnick, Interactive Brokers’ chief strategist, discusses the market dynamics amid a closely watched earnings season.
Investors found some solace in the solid earnings performance of the flagship tech giants such as Amazon (AMZN), Facebook (FB) and Google parent Alphabet (GOOGL).
Photo Credit: Markus Trienke via Flickr Creative Commons
US companies are beating Wall Street forecasts
Investors are on edge, eager to protect their unexpected gains, and are anxiously awaiting the titular recession that may or may not arrive this year. Most economists expect a recession in the next 12-18 months.
When you take seven assets from various parts of the market, and six of them say one thing while one says something different, you wonder what that one asset knows that the others don’t.
2022 is distinct, but like in every downturn, cooler heads are likely to prevail
